In order to participate in the Monetary Union,Maastricht requires European Union members to achieve all of the following except:

Question

Quizplus · Accepted Answer

Maastricht requires all three criteria to be met in order to participate in the Monetary Union. It requires member states to have a budget deficit of no greater than 3% of the GDP, an inflation rate within 1.5% of the three best nations, and exchange rate stability.

In Order to Participate in the Monetary Union,Maastricht Requires European